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Urging Business Owners to Take Advantage of Section 179 Deduction

Leading MTSP Reminds Businesses to Act Soon Before December

LOS ANGELES/VENTURA/ORANGE COUNTY/SAN DIEGO – i-NETT, a leading managed technology services provider (MTSP), is reminding business owners about the IRS Section 179 tax deduction which affords them accelerated depreciation on capital expenditures. Through this deduction businesses can depreciate 100 percent of the cost of eligible equipment bought or financed from September 27, 2017, through 2022 as long as the new equipment is put into service before December 31, 2022. Businesses can deduct up to $1,080,000 in qualifying equipment expenses on items including IT equipment, managed IT software, cybersecurity solutions, business equipment, and more. While i-NETT specializes in office technology solutions, this section of the tax code is too important for business owners to overlook.…

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